sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
How much 2024 Paris Olympic Games gold medals are really worth
Home>Other
Published 08:51 30 Jul 2024 GMT+1

How much 2024 Paris Olympic Games gold medals are really worth

How much are Olympic gold medals really worth?

Alex Brotherton

Alex Brotherton

google discoverFollow us on Google Discover

Team GB are hoping to win plenty of gold medals at the 2024 Olympic Games in Paris, but how much are the medals actually worth?

Winning a gold medal at the Olympic Games is the pinnacle of any athlete's career, and already Team GB have secured two.

The first came in the equestrian team eventing, with Team GB defending the gold medal they won in Tokyo three years ago.

That was followed by Tom Pidcock winning gold in the men's mountain biking with a stunning come-from-behind victory.

Advert

Japan currently top the medal table with six gold medals, with hosts France second with five.

A gold medal is the physical representation of years of hard work and sacrifice, but what is the monetary worth of the metal disc on the end of a ribbon?

Surprisingly, gold medals aren't actually made of pure gold. In fact, they are mostly made of silver.

An Olympic gold medal is required to be made from at lest 92.5 percent silver, and only has to contain six grams of gold.

In contrast, the silver and bronze medals are made entirely from their respective metals.

Tom Pidcock won gold in the mountain biking.
Tom Pidcock won gold in the mountain biking.

At the 2020 Tokyo Olympics, gold medals were worth around £540, silvers were worth £297 and the bronze medals were valued at £5. Seriously, copper and zinc are extremely common metals.

That said, historic medals have sold for incredible amounts. Back in 2013, one of Jesse Owen's golds from the 1936 Berlin Olympics - that he won in front of Adolf Hitler - sold for a mega $1.46 million (£1.13 million).

The design for this year's Olympic medals is pretty unique, with a hexagonal design with an iron sculpture of the Eiffel Tower on top of the medal. The special feature adds an additional 18 grams to the medal weight.

Joachim Roncin, head of design at the Paris Games organising committee, said: "Having a gold medal is already something incredible. But we wanted to add this French touch and we thought that the Eiffel Tower would be this cherry on top.

"Having a piece of it is a piece of history."

Featured Image Credit: Getty

Topics: Olympics, Athletics

Alex Brotherton
Alex Brotherton

Alex Brotherton is a journalist at SPORTbible. He has previously worked with publications including the Manchester Evening News, GOAL and BBC Sport. He is a football fanatic, but also dabbles in tennis and American football. He can often be found watching dreadful non-league football.

X

@alex_brotherton

Recommended reads

Luke Riley makes bold prediction ahead of blockbuster fight on Conor McGregor v Max Holloway cardGetty ImagesForget Conor McGregor - Lone'er Kavanagh is the UFC star you should be watching this weekendGetty ImagesF1 and F3 trainer reveals gruelling physical and mental work drivers must do for each race ahead of British GPGettyDavid Croft proposes new Olympic sport with drivers from 'around the world' ahead of British GPGetty

Advert

Choose your content:

2 hours ago
17 hours ago
a day ago
  • Getty Images
    2 hours ago

    Gabriel Langton seen for the first time since sickening head-first fall at Commonwealth Games

    Team England have posted an image of Gabriel Langton on social media.

    Other
  • Getty Images
    17 hours ago

    Update issued after Commonwealth Games gymnast suffers sickening head-first fall

    British Gymnastics has issued a major update on the gymnast's health.

    Other
  • Getty
    a day ago

    TNT forced to cut cameras after England star suffers terrifying Commonwealth Games fall

    He is said to have been conscious, talking and able to move his arms and legs after the horror fall.

    Other
  • Getty
    a day ago

    Kyren Wilson hits back at snooker rival after 'disgusting' remark made

    Wilson is gearing up to return to snooker at the Shanghai Masters.

    Other
  • How Much The 2026 Olympic Medals That Keep Breaking Are Actually Worth
  • US Star Stripped of Olympic Medals and Sent to Prison Now ‘Struggles To Walk’
  • Two Olympic Athletes Made History After Deciding to Share Gold Medal
  • Seven-time Olympic gold medallist planning remarkable athletics comeback at LA28 aged 42